Accounting Industry Stands on the Edge of a Precipice

The past year has seen a rise of technology at an unprecedented rate. For the accounting industry, these technologies will reshape the industry.

According to an article from Scoop Independent News, “For accountants, products like Xero and Quickbooks are a mixed blessing. On the one hand, Xero provides an amazing suite of tools to help accountants systemise their practice and offer value to their clients”.

The article discusses:

  • Apps and analytics
  • Accountants turned advisors
  • The accounting firm of the future
  • Outsourcing

The article continues, “With changes in government, technology, and regulations, there’s lots of work to do staying informed and helping clients to make the best choices”. Is your accounting firm prepared for the challenges the future holds?

To read more, see the full article from Scoop Independent News.